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World First: Award-winning foreign exchange services

8 July 2017

World First offers solutions for businesses, individuals and online sellers in need of transferring money overseas.

Whether you’re a business owner who needs to pay an overseas employee, an online seller needing to pay a supplier or an individual looking to make a one-time international transfer, World First works with you to find a tailored currency solution that suit your needs.World First aims to make it affordable and simple to send an international money transfer, while offering award-winning customer service. Get a great exchange rate and make payments online 24/7.

World First International Money Transfers

Special offer for finder.com readersBecause World First is a trusted partner of finder.com, you can send your money transfer overseas for free.

No fees: There is a $0 online transfer fee for all finder.com customers.

For your business

Pay salaries overseas, make supplier payments and more. World First can help your business get the most out of its payments.

How it works

Book a rate. After you set up a free account, you’re assigned an account manager who can help you determine the best products and services for your business. Once you’ve worked out the details with your account manager, you’re quoted a rate.

Send World First your money. Once your rate is booked, you’ll receive a trade confirmation. Depending on the product or service you’ve chosen, World First will let you know when and how much money to send them by domestic wire transfer.

World First makes your payment. When World First receive your funds, it converts and sends the money on the date and to the account you requested.

Products and services

Spot contracts. With a spot contract, you can make a one-time transfer right then.

Forward contracts. If you aren’t ready to make a transfer but want to lock in an ideal exchange rate, forward contracts allow you to schedule a transfer now for up to three years in advance.

Easy bulk payments. Choose making manual payments, bulk uploading the details to World First’s online platform to make the payments, or working with World First on a fully automated solution.

Limit orders. These firm orders allow you to execute a money transfer when a favorable exchange rate is met.

Fees and charges

World First agrees to a payment fee structure with you that reflects how much business you do together. And it does its best to cover third-party transfer fees where it can.

Normally these fees can range from $0 to $25 per transaction. But because World First is a trusted partner of finder.com, our readers will pay nothing for all eligible transfers. Simply click “Go to site” to take advantage of this exclusive offer.

For online sellers

If you’re selling goods through e-commerce marketplaces, World First can help you save money when converting your payments back into your own currency or paying suppliers abroad.

How it works

Open receiving accounts. After you’ve set up a free account with World First, you specify where you need local receiving accounts and in which currency. It does the rest, providing you with the details of your segregated, secure accounts.

Manage your money across marketplaces. With your World First account, you can receive funds from the sales you’ve made on international marketplaces like Amazon and eBay.

Watch your business grow. Log in to World First’s online platform 24/7, and choose when and in what currency you want to receive your money.

Products and services

Receiving accounts. Open receiving accounts so you can receive payments from around the world.

Supplier payments. Get a rate and make a payment to an overseas supplier.

Forward contracts. Lock in a great exchange rate today and make the transfer up to three years from now.

Fees and charges

It’s free to open an account, and World First doesn’t charge fees for receiving money. You’ll also pay no monthly charges or any transfer fees on foreign exchange transactions. If you want a same currency transfer, World First offers competitive transaction costs.

Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.

With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:

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What are the pros and cons of using World First?

Pros

Low or no fees. World First charges only $10 for transactions of up to $10,000 and no fees for larger transfers. But finder.com readers pay $0 fees for all eligible transfers.

Customer service. World First has a customer satisfaction rating of 98%. You can get help through email, chat, over the phone or through its app.

Lock in a rate. If you like the exchange rates on offer now but aren’t ready to make a transfer, World First allows you to lock in an exchange rate now for use on a transaction up to three years into the future.

Cons

Minimum transfer amount. World First has a high minimum transfer amount of $1,000, which can be limiting if you don’t need to send a large amount of money.

Bank-to-bank transfers. World First only offers bank-to-bank transfers. You cannot make a payment with cash or a debit or credit card.

What other features does World First offer?

Live rates, graphs and economic commentary. Keep up to date on developments in foreign exchange markets with these online tools and resources.

Free rate alert. Set up a free rate alert, and World First will email or text if your target rate is reached.

Mobile app. Secure a rate and pay in one easy transaction to make transfers on the go.

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Common questions about World First

I’m sending $1,000 from the United States to Europe — how much I pay in transfer fees?

For transfers of up to $10,000 with World First, you’ll pay a flat $10 fee. But because World First is a trusted partner of finder.com, our readers will pay nothing for all eligible transfers. Simply click “Go to site” to take advantage of this exclusive offer.

Do the same fees apply for businesses?

No, a different fee schedule applies to business accounts based on how regularly your business performs transactions with World First. Contact the company for more details.

How long does it take to open an account with World First?

The quickest way to get started with World First is over the phone — the application process can usually be taken care of in around 10 minutes. Applying online may take up to an hour, as World First will need to verify your identity.

Is there a minimum amount I can transfer?

Yes, you must transfer at least $1,000 with each World First transaction or an equivalent amount in another currency.

How much can I save when I transfer money overseas with World First instead of with my bank?

World First estimates that the savings you’ll enjoy range from 0.25% to 4% of your transfer amount.

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